I believe that it is still owned by Viacom, the French controlled outfit and controlled by Redford the really ugly watermelong jihadist drawf.
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Sundance Channel
Launch Date: February 29, 1996
Under the creative direction of Robert Redford, Sundance Channel brings television viewers daring and engaging feature films, shorts, documentaries, world cinema and animation, shown uncut and with no commercials. Through its original programs, Sundance Channel connects viewers with filmmakers, the creative process, and the world of independent film. Launched in 1996, Sundance Channel is a venture of Robert Redford, Showtime Networks Inc., and Universal Studios. Sundance Channel operates independently of the non-profit Sundance Institute and the Sundance Film Festival, but shares the overall Sundance mission of supporting independent artists and providing them with wider opportunities to present their work to audiences.
With monthly filmfests including "She Said Cinema," "Arte Latino," "Sonic Cinema," "Representing Soul," and "Inside Out: Sundance Film Festival," Sundance Channel features a variety of current films and points of view. Original programs include Conversations in World Cinema, Anatomy of a Scene, and 24 Frame News.
More information can be found at http://www.sundancechannel.com
Sundance is run by Robert Redford's outfit in conjunction with Viacom; it gets sold with Showtime on cable and satellite as a premium channel (at least most of the time); on some systems it gets bundled with other channels on their digital tier.